East Temecula Market Report

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East Temecula Market Report

Temecula has twice been named "The Best City in Riverside County to live in" by The Press-Enterprise.

Tax revenues generated by the many shopping opportunities have allowed the city to provide a solid infrastructure, low crime rate, fairly clean air, and an abundance of cultural and recreational programs for residents. 

Just south of central Temecula, the Pechanga Tribe of American Indians operate the Pechanga Resort and Entertainment Center where visitors can enjoy gaming, boxing, or concerts.

Market Trends  July saw 53 Property sales, down -14.5% from 62 in July of 2017 and -15.9% lower than the 63 sales in June 2018.  July YTD sales of 357 are -13.8% behind last year's ytd sales totaling 414.

The Median Sales Price in July was $490,000, up 2.6% from $477,500 in July of 2017 and down -1.0% from $495,000 in June.

The Average Sales Price in July was $511,204, up 3.6% from $493,671 in July of 2017 and down -0.1% from $511,827 last month.

The DOM for July was 22, down -26.7% from 30 days last month and down -21.4% from 28 days in July of last year. The July 2018 DOM was at its lowest level compared with July of 2017 and 2016.

The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The July 2018 Selling Price per Square Foot of $223 was up 8.3% from $206 last month and up 10.9% from $201 in July of last year.  

The number of New Listings in July 2018 was 87, down -11.2% from 98 last month and up 31.8% from 66 in July of last year. 

 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
Calle Las Lomas/41950 Calle La Escondida N/A N/A N/A $499,000 Unknown 36 days
40945 Watts Road 6 5 4,580 $779,000 $170 9 days
36150 Alicia Circle N/A N/A N/A $240,000 Unknown 13 days
Camino Lorado N/A N/A N/A $339,900 Unknown 13 days
40325 Denise Road 3 2 1,923 $767,000 $398 18 days
41580 Parado Del Sol Drive 3 4 4,090 $1,050,000 $256 23 days
40515 Denise Road 7 5 4,616 $599,999 $129 30 days
42160 Parado Del Sol Drive 3 3 3,040 $1,249,000 $410 26 days
Via View N/A N/A N/A $139,000 Unknown 599 days
Calle Breve N/A N/A N/A $215,000 Unknown 50 days
Calle Breve N/A N/A N/A $300,000 Unknown 58 days
Calle Breve N/A N/A N/A $150,000 Unknown 58 days
Calle Breve N/A N/A N/A $300,000 Unknown 58 days
Calle Breve N/A N/A N/A $150,000 Unknown 58 days
39444 Calle Portillo 4 5 4,671 $1,350,000 $289 59 days
41270 Calle De Maya N/A N/A N/A $324,900 Unknown 62 days
27614 Parkside Drive 3 2 1,104 $319,999 $289 81 days
33581 Pebble Brook Circle 4 3 3,573 $630,000 $176 91 days
John Moore Trail N/A N/A N/A $99,000 Unknown 259 days
lot 1 Exa Ely Road N/A N/A N/A $54,900 Unknown 1104 days
Spring Valley Rd N/A N/A N/A $175,000 Unknown 140 days
Esplendia N/A N/A N/A $795,000 Unknown 924 days
Via De Oro N/A N/A N/A $275,000 Unknown 261 days
East Benton N/A N/A N/A $399,000 Unknown 162 days
4 Hanover Rd N/A N/A N/A $395,000 Unknown 104 days
Average: 3.9 3.6 3,455 $455,877 $284 95 days
Viewing 1 - 25 of 58
Viewing 1 - 25 of 58
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
39386 Chaparral Drive 3 3 2,760 $699,900 $253 35 days
31355 Corte Rimola 4 3 1,752 $415,000 $236 80 days
VIA VIEW N/A N/A N/A $199,900 Unknown 182 days
91555 Calle Cordova N/A N/A N/A $150,000 Unknown 677 days
1 De Portola N/A N/A N/A $1,249,000 Unknown 1087 days
40110 Via Verano 3 3 2,868 $650,000 $226 0 days
Average: 3.3 3.0 2,460 $560,633 $239 38 days
Viewing 1 - 6 of 6
Viewing 1 - 6 of 6
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
37565 Via De Los Arboles 4 4 3,142 $1,195,000 $1,135,000 $361 15 days 11/8/18
40395 Hobby Horse Road N/A N/A N/A $199,900 $140,000 Unknown 98 days 11/7/18
Gray Squirrel/Calle Cordova Road N/A N/A N/A $246,000 $246,000 Unknown 278 days 10/29/18
Calle Rio Grande N/A N/A N/A $185,000 $150,000 Unknown 71 days 10/23/18
39950 Calle Breve 4 3 2,943 $830,000 $700,000 $237 2 days 10/12/18
40025 Hanover Road 2 1 602 $433,200 $433,200 $719 127 days 9/30/18
31335 Brush Creek Circle 4 3 2,499 $549,999 $540,000 $216 13 days 9/17/18
31950 Daniel Way 3 2 2,004 $474,900 $487,000 $243 9 days 8/30/18
40800 Carlena Lane 5 5 3,457 $739,900 $725,000 $209 12 days 8/24/18
Pompero Way N/A N/A N/A $299,950 $275,000 Unknown 118 days 7/30/18
32576 Hislop Way 5 3 2,078 $424,900 $430,000 $206 5 days 7/23/18
40295 Ronald Road 4 3 3,276 $498,500 $515,000 $157 115 days 7/19/18
40270 Green Meadow Road 3 2 1,404 $1,400,000 $1,150,000 $819 27 days 7/12/18
38855 Via De Oro N/A N/A N/A $325,000 $250,000 Unknown 367 days 7/6/18
39700 Via De Oro 3 2 1,344 $475,000 $475,000 $353 39 days 7/5/18
Air Park Dr. (Gray Squirrel Rd) N/A N/A N/A $94,900 $88,000 Unknown 130 days 7/2/18
37210 Rancho California Road 3 2 1,456 $479,900 $460,000 $315 14 days 6/15/18
38800 Calle Segovia 4 4 3,500 $869,000 $875,000 $250 4 days 6/13/18
39039 Gray Squirrel Road 4 3 2,439 $799,900 $800,000 $328 4 days 6/1/18
38120 Avenida Bravura 4 3 2,784 $824,900 $824,900 $296 5 days 5/31/18
39395 Camino Niguel 4 4 3,272 $699,000 $675,000 $206 32 days 5/25/18
Average: 3.7 2.9 2,413 $573,564 $541,623 $328 28 days
Viewing 1 - 21 of 21
Viewing 1 - 21 of 21

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.